Common use of No Employee Ownership Clause in Contracts

No Employee Ownership. No current or former officer, manager, director, shareholder, member, employee, consultant or independent contractor of the Company has any right, title or interest in, to or under any Company Intellectual Property or Company Technology that has not been either (a) irrevocably assigned or transferred to the Company or (b) licensed (with the right to grant sublicenses) to the Company under an exclusive, irrevocable, worldwide, royalty free, fully paid and assignable license.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Identiv, Inc.), Agreement and Plan of Merger (Identiv, Inc.)

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No Employee Ownership. No current or former officer, manager, director, shareholderstockholder, member, employee, consultant or independent contractor of the Company or any Company Subsidiary has any right, title or interest in, to or under any Company Intellectual Property or Company Technology Proprietary Rights related to the Product that has have not been either (a) irrevocably assigned or transferred to the Company or any Company Subsidiary or (b) licensed (with the right to grant sublicenses) to the Company or any Company Subsidiary under an exclusive, irrevocable, worldwide, royalty free, fully paid and assignable license.

Appears in 2 contracts

Samples: Merger Agreement (Aptalis Holdings Inc.), Merger Agreement (Aptalis Pharma Inc)

No Employee Ownership. No current or former officer, manager, director, shareholder, member, employee, consultant or independent contractor of the Company or Company Subsidiary has any right, title or interest in, to or under any Company Intellectual Property or Company Technology that has not been either (aA) irrevocably assigned or transferred to the Company or a Company Subsidiary, or (bB) licensed (with the right to grant sublicenses) to the Company or a Company Subsidiary under an exclusive, irrevocable, worldwide, royalty free, fully paid and assignable license.

Appears in 1 contract

Samples: Share Purchase Agreement (Cohu Inc)

No Employee Ownership. No current or former officer, manager, director, shareholderstockholder, member, employee, consultant or independent contractor of the Company or any Company Subsidiary has any right, title or interest in, to or under any Company Intellectual Property or Company Technology Proprietary Rights related to the Product that has have not been either (a) irrevocably assigned or transferred to the Company or any Company Subsidiary or (b) licensed (with the right to grant sublicenses) to the Company or any Company Subsidiary under an exclusive, irrevocable, worldwide, royalty free, fully paid and assignable license. * Confidential treatment requested.

Appears in 1 contract

Samples: Option Agreement (Aptalis Pharma Inc)

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No Employee Ownership. No current or former officer, manager, director, shareholderstockholder, member, employee, consultant or independent contractor of the Company Acquired Companies has any right, title or interest in, to or under any Company Intellectual Property or Company Technology that has not been either (aA) irrevocably assigned or transferred to the Company Acquired Companies or (bB) licensed (with the right to grant sublicenses) to the Company Acquired Companies under an exclusive, irrevocable, worldwide, royalty royalty-free, fully paid and assignable license.

Appears in 1 contract

Samples: Equity Purchase Agreement (Addus HomeCare Corp)

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